Taxes which are imposed on the weight of the commodities are called

Proportional taxes

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Advalorem taxes

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Progressive taxes

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Specific taxes

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Solution

The correct option is D
Specific taxes

According to the assessment, taxes may be classified into specific tax and advalorem taxes. For example, tax on rice on the basis of units of weight is a specific tax.

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Taxes which are imposed on the weight of commodities are called

Increase in price of commodities due to increase in taxes assumes relevance in the estimation of $N N P_{M P}$ because:

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